Gem and jewellery - Amendments to seven notifications - G.E. Nos. 135, 136, 137, 138, 139, 140 & 140C

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..... powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table hereto annexed, shall be further amended, in the manner .....

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..... and 71.08 respectively of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) imported by the Minerals and Metals Trading Corporation of India Limited and the State Bank of India for being supplied to the gem and jewellery units in the said zone under the Scheme for Export of gold/silver and platinum jewellery and articles from Export Processing Zones (EPZs) and from Export Oriented Un .....

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..... ollowing paragraph shall be inserted at the end, namely :- "2. Notwithstanding anything contained in paragraph 1, the exemption contained therein shall also apply to silver and gold falling under heading Nos. 71.06 and 71.08, respectively of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) imported by the Minerals and Metals Trading Corporation of India Limited and the State Bank .....

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